The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1887-01-13

Bulletin of San Francisco attributes
the stoppage of the Belcher Refinery of
ST. Louis, one of the largest in the
Union. The outlook is for continued
low prices, production increasing steadily
through improved methods of manufac-
a sugar refner of San Francisco, stated
to call" reporter that "the outlook
for the coming season is not by any
means so favorable as that OF 1885, for
owing to the lack of good rains at the
proper points for the development of the
Hawaiian crop, the output will prob
ably be some fifteen to twenty thousand
tons less than that of the previous sea-
son, and will only amount to about 3d.,
900 tons" This is a conservative esti-
mate, and will probably be exceeded.
Touching the worlds crop of raw sugar
for 1887, "Bradstreet's" figures out an
excess of 5O8,00O tons in the producing
countries for the crop year of 1869
over the year ending October l, 1886.
This total is made up from NJ. LIGHTS
November estimate of the beet sugar
crop, in which he places the excess over
last year at 453 900 tons. Cuba is put
down at 725, 900 tons for the ensuing
year, an excess of So 900 tons over the
year just ended. Brazil promises $4,000
tons excess, and Demerara 10, 900 excess.
The countries showing a deficiency are
Mauritius, 5000 tons; Porto Rico,
5000 tons, and Hawaiian Islands, 90
900 tons. Other producing countries are
put down the same as for the year just
closed. Deducting the deficiency OF 49,
900 tons in the three countries named
from the excess of 548, 900 tons in Europe
and the West Indies and Brazil, and
there is a net excess OF sos, 1000 tons for
the ensuing year over that just closed.
1t will be noticed that these figures have
to do entirely with foreign sugars. As
! an offset to this excess of sos, 900 tons in
| the foreign sugar crop, deficiency OF
40, 900 tons is reported in the Louisiana
sugar crop. Heavy rains in the West
Indies have delayed grinding, and the
excess there will have to be reduced to
| 10000 tons On the other hand the de-
| ficiency in the Hawaiian Islands is put
at the highest figure. Some think the
deficiency there will not be over 10000
| TONS
Despite the low price of sugar in the
past year, we are closing the year in the
| United States with larger stock than
for any corresponding period in num-
Der OF years, remarks the San Francisco
Bulletin from which the foregoing de-
! tails are taken. The visible supply OF
the world at the close of the year was
estimated at 788, 7S2 tons against Sol ,147
tons at corresponding period last year.
Our contemporary anticipates a reaction
in prices during 1887, but the New York
"Shipping List" does not coincide in
that view. 1t says: ''The general i'm
provement that has taken place during
| the past six months in trade and COM
mercial affairs generally, has been thus
far without much influence upon the
sugar market, and after drifting slowly
but steadily downward, prices have
| touched within the past month the low
! est level ever known in this country, and
there remained with but little hope Of
| permanent reaction.
| Following are the fluctuations in prices
| Of COoCf for Tho Of